Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Down 81.9% in August

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a large drop in short interest in the month of August. As of August 15th, there was short interest totaling 19,400 shares, adropof81.9% from the July 31st total of 107,200 shares. Based on an average trading volume of 434,900 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 434,900 shares, the short-interest ratio is presently 0.0 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $49.90 on Wednesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.13 and a 12-month high of $51.26. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. The firm’s fifty day moving average price is $50.19 and its 200 day moving average price is $47.47.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock worth $87,345,000 after acquiring an additional 152,942 shares in the last quarter. Requisite Capital Management LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at about $66,679,000. Bank of America Corp DE acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at about $43,932,000. LPL Financial LLC boosted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 46.1% in the 1st quarter. LPL Financial LLC now owns 577,710 shares of the company’s stock valued at $25,766,000 after buying an additional 182,263 shares during the period. Finally, GGM Financials LLC boosted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.2% in the 2nd quarter. GGM Financials LLC now owns 374,625 shares of the company’s stock valued at $18,660,000 after buying an additional 15,182 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.